单词 | cost-of-living adjustment |
释义 | cost-of-living adjustment cost-of-living adjustment noun [C] (abbr COLA)
(Economics ; HR ) in the US, an increase that is made once a year to a wage, pension, etc. because the cost of living has increased: The Act provides for an annual cost-of-living adjustment to workers' compensation (= for getting injured at work). a cost-of-living adjustment clause (= in a contract) |
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